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Side-by-side financial comparison of FLOTEK INDUSTRIES INC (FTK) and Viridian Therapeutics, Inc.\DE (VRDN). Click either name above to swap in a different company.

Viridian Therapeutics, Inc.\DE is the larger business by last-quarter revenue ($70.6M vs $70.1M, roughly 1.0× FLOTEK INDUSTRIES INC). FLOTEK INDUSTRIES INC runs the higher net margin — 6.7% vs -49.0%, a 55.7% gap on every dollar of revenue. On growth, Viridian Therapeutics, Inc.\DE posted the faster year-over-year revenue change (81958.1% vs 27.0%).

Flotek Industries Inc. is a technology-driven diversified company that develops and supplies specialty chemicals, performance materials and related equipment solutions for global energy, mining and industrial manufacturing sectors, delivering innovative sustainable products to boost client operational efficiency.

Viridian Therapeutics is a clinical-stage biotechnology firm developing novel disease-modifying therapies for rare, serious autoimmune and inflammatory diseases. Its lead pipeline candidate targets thyroid eye disease, a debilitating orbital disorder, with primary market focus on North America and Europe.

FTK vs VRDN — Head-to-Head

Bigger by revenue
VRDN
VRDN
1.0× larger
VRDN
$70.6M
$70.1M
FTK
Growing faster (revenue YoY)
VRDN
VRDN
+81931.1% gap
VRDN
81958.1%
27.0%
FTK
Higher net margin
FTK
FTK
55.7% more per $
FTK
6.7%
-49.0%
VRDN

Income Statement — Q1 FY2026 vs Q3 FY2025

Metric
FTK
FTK
VRDN
VRDN
Revenue
$70.1M
$70.6M
Net Profit
$4.7M
$-34.6M
Gross Margin
22.2%
Operating Margin
10.8%
-56.7%
Net Margin
6.7%
-49.0%
Revenue YoY
27.0%
81958.1%
Net Profit YoY
54.9%
EPS (diluted)
$0.12

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
FTK
FTK
VRDN
VRDN
Q1 26
$70.1M
Q4 25
$67.5M
Q3 25
$56.0M
$70.6M
Q2 25
$58.4M
Q1 25
$55.4M
Q4 24
$50.8M
Q3 24
$49.7M
Q2 24
$46.2M
Net Profit
FTK
FTK
VRDN
VRDN
Q1 26
$4.7M
Q4 25
$3.0M
Q3 25
$20.4M
$-34.6M
Q2 25
$1.8M
Q1 25
$5.4M
Q4 24
$4.4M
Q3 24
$2.5M
Q2 24
$2.0M
Gross Margin
FTK
FTK
VRDN
VRDN
Q1 26
22.2%
Q4 25
22.5%
Q3 25
31.7%
Q2 25
24.7%
Q1 25
22.5%
Q4 24
24.2%
Q3 24
18.3%
Q2 24
19.9%
Operating Margin
FTK
FTK
VRDN
VRDN
Q1 26
10.8%
Q4 25
8.9%
Q3 25
16.2%
-56.7%
Q2 25
4.4%
Q1 25
10.1%
Q4 24
10.1%
Q3 24
5.5%
Q2 24
4.8%
Net Margin
FTK
FTK
VRDN
VRDN
Q1 26
6.7%
Q4 25
4.5%
Q3 25
36.3%
-49.0%
Q2 25
3.0%
Q1 25
9.7%
Q4 24
8.7%
Q3 24
5.1%
Q2 24
4.3%
EPS (diluted)
FTK
FTK
VRDN
VRDN
Q1 26
$0.12
Q4 25
$0.09
Q3 25
$0.53
Q2 25
$0.05
Q1 25
$0.17
Q4 24
$0.15
Q3 24
$0.08
Q2 24
$0.06

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FTK
FTK
VRDN
VRDN
Cash + ST InvestmentsLiquidity on hand
$5.7M
$490.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$118.2M
$503.0M
Total Assets
$231.8M
$577.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FTK
FTK
VRDN
VRDN
Q1 26
$5.7M
Q4 25
$5.7M
Q3 25
$4.6M
$490.9M
Q2 25
$5.0M
Q1 25
$6.3M
Q4 24
$4.4M
Q3 24
$5.0M
Q2 24
$4.8M
Total Debt
FTK
FTK
VRDN
VRDN
Q1 26
Q4 25
$40.0M
Q3 25
$40.0M
Q2 25
$40.0M
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
FTK
FTK
VRDN
VRDN
Q1 26
$118.2M
Q4 25
$113.1M
Q3 25
$110.5M
$503.0M
Q2 25
$71.8M
Q1 25
$119.7M
Q4 24
$113.9M
Q3 24
$109.0M
Q2 24
$106.2M
Total Assets
FTK
FTK
VRDN
VRDN
Q1 26
$231.8M
Q4 25
$220.0M
Q3 25
$212.7M
$577.1M
Q2 25
$172.2M
Q1 25
$170.2M
Q4 24
$170.8M
Q3 24
$160.6M
Q2 24
$156.0M
Debt / Equity
FTK
FTK
VRDN
VRDN
Q1 26
Q4 25
0.35×
Q3 25
0.36×
Q2 25
0.56×
Q1 25
Q4 24
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FTK
FTK
VRDN
VRDN
Operating Cash FlowLast quarter
$21.0K
$-84.6M
Free Cash FlowOCF − Capex
$-84.7M
FCF MarginFCF / Revenue
-120.1%
Capex IntensityCapex / Revenue
1.4%
0.2%
Cash ConversionOCF / Net Profit
0.00×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FTK
FTK
VRDN
VRDN
Q1 26
$21.0K
Q4 25
$6.2M
Q3 25
$-1.9M
$-84.6M
Q2 25
$-4.5M
Q1 25
$7.3M
Q4 24
$-2.6M
Q3 24
$5.1M
Q2 24
$-3.1M
Free Cash Flow
FTK
FTK
VRDN
VRDN
Q1 26
Q4 25
Q3 25
$-84.7M
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
FCF Margin
FTK
FTK
VRDN
VRDN
Q1 26
Q4 25
Q3 25
-120.1%
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Capex Intensity
FTK
FTK
VRDN
VRDN
Q1 26
1.4%
Q4 25
Q3 25
0.2%
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Cash Conversion
FTK
FTK
VRDN
VRDN
Q1 26
0.00×
Q4 25
2.07×
Q3 25
-0.09×
Q2 25
-2.54×
Q1 25
1.36×
Q4 24
-0.58×
Q3 24
2.01×
Q2 24
-1.55×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

FTK
FTK

Revenue from related party$51.9M74%
Revenue from external customers$18.2M26%

VRDN
VRDN

Segment breakdown not available.

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